The Latest on Marc Jacobs and Dior — Talks Now Said to Be Progressing

At the end of last month, Sidney Toledano, president and CEO of Dior, said he expected to have news on Dior’s new designer “in the next few weeks.” Not a day later came reports that talks between Dior and the front runner for the position, Marc Jacobs, had been tough and at a standstill.

Now, however, WWD reports: “Negotiations with Marc Jacobs . . . to become Dior’s next couturier have been progressing, sources said this week. It is understood . . . Phoebe Philo remains the preferred candidate to succeed Jacobs at Vuitton, should the American designer conclude a deal with Dior.”

Dior, which has now been without a creative director since March, reported that its revenues were up 17.6 percent in the third quarter — suggesting that the brand is more potent than the famous designer behind it.